In tough times,Haryana to bank on PPP mode for growthhttps://indianexpress.com/article/india/india-others/in-tough-times-haryana-to-bank-on-ppp-mode-for-growth/

In tough times,Haryana to bank on PPP mode for growth

In the midst of the economic meltdown,the Haryana government has decided to take the Public Private Partnership route for large industrial townships in the state

In the midst of the economic meltdown,the Haryana government has decided to take the Public Private Partnership (PPP) route for large industrial townships in the state. It is a major shift in the state’s policy as it had designated Haryana Industrial and Infrastructure Development Corporation as the nodal agency to develop industrial townships.

Sources said the state-owned townships have been adversely affected by the recession and therefore there is a need to involve private players to help keep pace with growth. The townships,of late,have also become a political hot potato as demonstrated by the row over the Ambala Industrial Model Township. While Ambala MLA Venod Sharma was able to convince Chief Minister Bhupinder Singh Hooda to allocate a model industrial township to the district,it drew the wrath of party colleague and Ambala MP? Union Minister for Social Justice and Empowerment Kumari Selja.

The state government initially hopes to rope in private players for areas other than the National Capital Region (NCR) to disperse such initiatives to the comparatively lesser-developed areas and achieve balanced regional development.

“We have decided to take concrete steps to put in place a broad framework for adoption of PPP concept and implementation of projects through this route. The main objective is to create an enabling environment to facilitate private sector participation in upgrading,developing and expanding physical and social infrastructure in the state,” said a senior officer,adding that in view of the strain on public finance,there was no viable alternative other than involving the private sector for economic growth.

MUKESH BHARDWAJ

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